Since the beginning of the recession, academics, authoritative international institutions, and most government officials pushed for massive stimulus spending. Sweden bucked the trend, focusing instead on slashing marginal tax rates and peeling government back. How did it fare? The Spectator reports: While most countries in Europeborrowed massively, Borg did not. …
With negotiations over the Trans-Pacific Partnership (TPP) between the U.S. and eight other countries set to resume this week in Dallas, opponents are dusting off the same old discredited arguments against international trade. In a recent Huffington Post article, Leo Hindery of the New America Foundation dismissed the TPP as …
Yet again, critics of the U.S. missile defense program have been proven wrong. On Wednesday, the U.S. Navy conducted a successful test of its Aegis ballistic missile defense system using its newest ballistic missile defense interceptor, the Standard Missile-3 (SM-3) Block IB. The interceptor, developed by the Raytheon Company, was …
Yesterday, faced with stiff congressional opposition to its plan to close over 3,600 post offices, the U.S. Postal Service (USPS) blinked. It was hardly a profile in courage on either side, with Members of Congress unable to resist the reverse NIMBYist urge to protect their local post offices at all …
Depending on Russian government-funded media to broadcast news from Voice of America (VOA) is about as brain-dead as depending on Russian spaceships to send American astronauts into space or depending on Russian fuel supply for the U.S. ground and air forces in Afghanistan. The outcome will surely not be in …
There he goes again. It seems that President Obama just can’t help himself. He keeps pushing Congress to pass policies it has rejected in the past or has foolishly passed to little beneficial effect. The latest recycling of policies comes from the President’s Post-It note to-do list for Congress. If …
